Fiducian Group Ltd (FID) AI Stock Analysis

• Market Cap: AU$333.67M
• Dividend Yield: 4%
• Average Volume (3M): 43.97K
• Price to Earnings (P/E): 16.8
• Beta (1Y): 0.59
• Revenue Growth: 10.61%
• EPS Growth: 23.34%
• Country: AU
• Employees: 125
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.36
• Shares Outstanding: 31,567,623
• 10 Day Avg. Volume: 42,868
• 30 Day Avg. Volume: 43,970
• PEG Ratio: 0.72
• Price to Book (P/B): 5.09
• Price to Sales (P/S): 4.74
• P/FCF Ratio: 13.75
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: AU$12.50 ▲(8.51% Upside)
• Action: Upgraded Date: 02/17/26
• Date: Action: Upgraded 02/17/26

The score is driven primarily by strong financial performance (high margins, low leverage, and excellent cash flow conversion), partially offset by the recent revenue decline. Technical indicators are mixed with negative MACD and price below key moving averages, while valuation is supported by a moderate P/E and a solid dividend yield.

Positive Factors

High profitability

Sustained high margins demonstrate durable pricing power and operational efficiency. With a 28.62% net margin and 40.92% EBIT margin the business generates strong profit per revenue dollar, providing a structural buffer against revenue volatility and funding for reinvestment or shareholder returns over the medium term.

Conservative balance sheet

Very low leverage and a high equity ratio provide financial resilience and strategic optionality. A 0.10 debt-to-equity and strong ROE imply the firm can absorb shocks, fund opportunistic investments or M&A without aggressive borrowing, and sustain capital returns while maintaining long-term stability.

Strong cash generation

Excellent cash conversion and positive FCF growth indicate reliable internal funding for operations and dividends. High operating cash flow relative to net income and near‑one free cash flow conversion reduce refinancing risk, enabling consistent capital allocation and resilience across economic cycles over months.

Negative Factors

Recent sharp revenue drop

A one-year revenue decline of ~24.7% is a meaningful structural headwind. Sustained top-line contraction undermines economies of scale, reduces fee income tied to account volumes, and can erode the margin cushion over time. If not reversed, it pressures reinvestment, dividends and growth initiatives.

AUM‑dependent fee model

Revenue is materially tied to assets under administration and management, creating structural sensitivity to market performance and client flows. Prolonged weak markets or persistent outflows can shrink recurring fee revenue, reduce cash predictability and hinder sustainable growth over the medium term.

Limited scale

A relatively small headcount suggests constrained distribution, product development and operational bandwidth versus larger competitors. Limited scale can impede client acquisition, make the business more dependent on key personnel, and reduce resilience to staff turnover, affecting growth durability.

Fiducian Group Ltd Business Overview & Revenue Model

Company Description

Fiducian Group Ltd, through its subsidiaries, provides financial services in Australia. It operates through Funds Management, Financial Planning, Corporate Services, and Platform Administration segments. The company provides investor directed portfolio and separately managed accounts services; and acts as the trustee of fiducial superannuation services. It also offers fiducial funds; financial planning services; client account administration platforms; and wrap platform administration services. In addition, the company develops IT software systems for financial planning; and offers financial advisory services, such as cash flow management, debt reduction, planning retirement, estate management, and aged care, as well as provides platform solutions and SMSF administration services. Further, it offers diversified and sector funds, specialist funds, managed portfolios, and manager system services. The company was founded in 1996 and is based in Sydney, Australia.

How the Company Makes Money

Fiducian Group Ltd generates revenue primarily through its financial planning and investment management services. The company earns money by charging fees for advisory services, which include commissions on financial products sold to clients, as well as ongoing management fees based on the assets under management (AUM) in their investment portfolios. Additionally, Fiducian receives income from its superannuation fund management, where it charges administration and investment fees. The company may also generate revenue through strategic partnerships with other financial institutions and product providers, which can enhance its service offerings and attract a wider client base.

Fiducian Group Ltd Financial Statement Overview

Summary

Strong overall fundamentals: high profitability (net margin 28.62%, EBIT margin 40.92%), conservative leverage (debt-to-equity 0.10), and excellent cash generation (operating cash flow to net income 5.23; free cash flow growth 8.52%). The key risk is the sharp revenue decline (-24.68%) in the most recent year.

Income Statement

Fiducian Group Ltd demonstrates strong profitability with a high gross profit margin of 100% and a robust net profit margin of 28.62% for the latest period. However, the company experienced a significant revenue decline of 24.68% in the most recent year, which is a concern. The EBIT and EBITDA margins are healthy at 40.92% and 47.69%, respectively, indicating efficient operations despite the revenue drop.

Balance Sheet

The balance sheet is solid with a low debt-to-equity ratio of 0.10, suggesting conservative leverage. The return on equity is impressive at 30.78%, reflecting strong profitability relative to shareholder equity. The equity ratio stands at 74.71%, indicating a strong equity base relative to total assets, which enhances financial stability.

Cash Flow

Cash flow performance is strong, with a free cash flow growth rate of 8.52% and a high operating cash flow to net income ratio of 5.23, indicating excellent cash generation relative to earnings. The free cash flow to net income ratio is nearly 1, showing that the company effectively converts its net income into free cash flow.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	93.51M	64.88M	80.80M	73.31M	69.54M	59.95M
Gross Profit	53.63M	64.88M	58.83M	49.69M	47.09M	40.46M
EBITDA	31.40M	30.94M	26.06M	22.44M	23.16M	20.56M
Net Income	19.84M	18.57M	15.04M	12.32M	13.32M	12.18M
Balance Sheet
Total Assets	87.88M	80.77M	71.40M	72.34M	74.28M	61.74M
Cash, Cash Equivalents and Short-Term Investments	35.72M	34.94M	26.60M	19.65M	17.48M	19.32M
Total Debt	18.61M	6.31M	2.98M	4.24M	5.83M	5.89M
Total Liabilities	25.40M	20.44M	16.79M	21.43M	27.15M	18.88M
Stockholders Equity	62.48M	60.33M	54.61M	50.91M	47.13M	42.87M
Cash Flow
Free Cash Flow	23.33M	22.35M	19.38M	13.90M	18.10M	15.93M
Operating Cash Flow	23.90M	22.43M	19.46M	14.28M	18.68M	16.04M
Investing Cash Flow	-1.24M	752.00K	546.00K	-1.96M	-9.71M	-1.47M
Financing Cash Flow	-15.84M	-14.85M	-13.05M	-10.15M	-10.80M	-9.21M

Fiducian Group Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 11.52
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FID, the sentiment is Neutral. The current price of 11.52 is above the 20-day moving average (MA) of 10.40, above the 50-day MA of 10.90, and above the 200-day MA of 11.04, indicating a neutral trend. The MACD of -0.09 indicates Negative momentum. The RSI at 49.55 is Neutral, neither overbought nor oversold. The STOCH value of 12.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:FID.

Fiducian Group Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EZL	74 Outperform	AU$222.74M	12.52	9.11%	17.89%	18.74%	88.57%
FID	73 Outperform	AU$333.67M	16.81	32.31%	4.00%	10.61%	23.34%
PAC	70 Outperform	AU$300.52M	-5.61	11.44%	4.17%	31.09%	-75.49%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
REP	53 Neutral	AU$275.59M	28.50	-2.64%	8.47%	4.20%	50.11%
CVC	46 Neutral	AU$247.27M	-53.94	0.31%	―	36.51%	―

Fiducian Group Ltd Corporate Events

Fiducian Group Sets Date for FY2026 First-Half Results and Investor Briefing

Fiducian Group Limited will release its first-half FY2026 financial results to the ASX on 16 February 2026, followed by an investor presentation and Q&A session hosted by Executive Chairman Indy Singh and Fiducian Services Executive Chairman Rahul Guha. The scheduled briefing underscores the company’s engagement with investors and the broader market, offering stakeholders an opportunity to gain insight into Fiducian’s recent performance and strategic direction at a time when financial results and outlook commentary may influence sentiment toward the group’s operations and positioning in the Australian financial services sector.

The most recent analyst rating on (AU:FID) stock is a Hold with a A$12.00 price target. To see the full list of analyst forecasts on Fiducian Group Ltd stock, see the AU:FID Stock Forecast page.

Spheria Asset Management Exits Substantial Holding in Fiducian Group

Spheria Asset Management Pty Ltd has notified Fiducian Group Ltd that it has ceased to be a substantial shareholder in the company as of 16 January 2026, following changes in its relevant interest in Fiducian’s voting securities. The exit of Spheria as a substantial holder may signal a shift in Fiducian’s shareholder base and could alter the balance of institutional versus other investors, potentially affecting future voting dynamics and market perceptions of the stock.

The most recent analyst rating on (AU:FID) stock is a Hold with a A$13.00 price target. To see the full list of analyst forecasts on Fiducian Group Ltd stock, see the AU:FID Stock Forecast page.

Fiducian Group Responds to ASIC Legal Proceedings

Fiducian Group Limited has announced that its subsidiary, Fiducian Investment Management Services Limited (FIMS), has filed a defense in civil proceedings initiated by the Australian Securities and Investments Commission (ASIC). The proceedings allege that the product disclosure statement for the Fiducian Diversified Social Aspirations Fund contained misleading statements and that FIMS failed to comply with the fund’s compliance plan, acting without due care and diligence. The company has committed to keeping the market informed as per disclosure requirements.

The most recent analyst rating on (AU:FID) stock is a Hold with a A$13.50 price target. To see the full list of analyst forecasts on Fiducian Group Ltd stock, see the AU:FID Stock Forecast page.

Fiducian Group Director Increases Indirect Shareholding

Fiducian Group Ltd has announced a change in the indirect interest of its director, Samir (Sam) Hallab, in the company’s securities. The director, through a related party, Glotown Pty Ltd, acquired an additional 1,000 ordinary shares in two separate transactions on November 28 and December 2, 2025. This change reflects a slight increase in the director’s indirect holdings, which now total 127,000 shares. The transactions were conducted as on-market trades, and there were no disposals of shares.

The most recent analyst rating on (AU:FID) stock is a Hold with a A$13.50 price target. To see the full list of analyst forecasts on Fiducian Group Ltd stock, see the AU:FID Stock Forecast page.